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Determine the savannah return on investment

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Question - The headquarters of a national restaurant chain is trying to better understand the profitability of the Savannah location. Savannah's total assets are $3,150,000, consisting of $900,000 land, $1,800,000 buildings and equipment, and $450,000 intangibles. The net profit is $237,500, and the required rate of return is 15.0%. Determine the Savannah's return on investment (ROI)?

Reference no: EM133095422

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